secwatch.observer — SEC 8-K summary
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Issuer:     NSTAR ELECTRIC CO (NSARO)
CIK:        0000013372
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001104659-23-055512
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eversource Q1 EPS $1.41, up 10% YoY; reaffirms FY23 guidance $4.25-$4.43; dividend $0.675
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- Q1 2023 diluted EPS $1.41 vs $1.28; net income $491.2M vs $443.4M.
- Electric distribution earnings $165.5M (+$24.6M) on MA rate redesign; natural gas $170.3M (+$6.3M) on late-2022 rate adjustments.
- Board declared $0.675/share quarterly dividend, payable June 30 to holders of record May 18.
- FY2023 non-GAAP EPS guidance reaffirmed at $4.25-$4.43; long-term growth target upper half of 5-7% from $4.09 base.
- Shareholders approved increase in authorized shares to 410M and 4.2M share increase in incentive plan at annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/13372/000110465923055512/0001104659-23-055512-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/13372/000110465923055512/tm2314460d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-055512

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